My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
9.0. EDSR 08-13-2001
ElkRiver
>
City Government
>
Boards and Commissions
>
Economic Development Authority
>
EDA Packets
>
1993-2002
>
2001
>
08-13-2001
>
9.0. EDSR 08-13-2001
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/17/2016 3:38:42 PM
Creation date
2/17/2016 3:38:39 PM
Metadata
Fields
Template:
City Government
type
EDSR
date
8/13/2001
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
48
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
2. CONSIDERATION <br /> • <br /> 2.1. Issuance of Stock. In consideration for the services <br /> provided to the Company hereunder, the Company, at the time of execution of <br /> the Company lease attached as Exhibit A hereto, shall convey and issue to <br /> the EDA (Landlord), Larry Hickman (Building Owner), and Genesis Business <br /> Centers, Ltd. (EDA Business Incubator Consultant), a number of shares of <br /> the voting common stock of the Company ("Shares") as follows: <br /> A) For the service provided in Rent of Available Space: <br /> EDA (Landlord) (# of shares) Shares <br /> which is equal to <br /> dollars per square foot of <br /> space leased per year, at <br /> a value of per share. <br /> Larry Hickman (Building (# of shares) Shares <br /> Owner) which is equal to <br /> dollars per square foot of <br /> space leased per year, at <br /> a value of per share. <br /> Genesis Business Centers, (# of shares) Shares • <br /> Ltd. (EDA Business which is equal to <br /> Incubator Consultant) dollars per square foot of <br /> space leased per year, at <br /> a value of per share. <br /> B) For the service provided in construction of leasehold <br /> improvements: <br /> EDA (Landlord) (# of shares) Shares <br /> equal in dollar value to <br /> _% of the total cost of <br /> leasehold improvements, <br /> at a value of per <br /> share. <br /> All Shares issued to the EDA, Larry Hickman, and Genesis Business <br /> Centers, Ltd., pursuant to this Agreement shall be subject to any restrictions <br /> on transferability under state and federal securities laws, and shall be <br /> entitled to all rights and privileges to which other shares of voting common <br /> stock the Company are subject. <br /> S <br />
The URL can be used to link to this page
Your browser does not support the video tag.